7009 Indiana Avenue, Greater Grand Crossing, Chicago, Illinois 60637


$350,550

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built:
Property Taxes: $3,016
Days On Market: 904
Lot Size: 0,00
Map
Street View

Description

CALLING ALL INVESTORS! Prime Investment Opportunity: Highly Profitable 2-Unit Building with Versatile Potential Discover an exceptional investment prospect that guarantees impressive returns and a multitude of options. 60+ Airbnb reservations booked out ready to be taken on by a new owner! This profitable 2-unit building presents an ideal opportunity for savvy investors looking to capitalize on rental income, Airbnb success, or the flexibility to convert it into a single-family home. Each unit features 2 bedrooms, 1 bathroom, and a convenient laundry area, ensuring comfortable living for tenants. Recently remodeled bathrooms, updated flooring, and ample storage space add a touch of modernity and practicality to the property. An additional advantage comes in the form of a bonus garden unit with a separate side entrance, expanding the income potential or offering personal usage opportunities. This property boasts several attractive qualities, including low taxes, a generous lot size, and abundant street parking options. Moreover, a newly paved driveway with a gate closure allows secure parking for two cars. Investors can confidently seize this highly profitable asset, benefitting from its current success and numerous possibilities for future growth. Don't miss out on this investment opportunity that combines profitability with versatility.

Property Specifics

Multi-unit
No
0
Cook
— / —
11800497
20223230030000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Deneen Elementary School
299

Property History

DATE: EVENT: PRICE: SOURCE:
14 Jun, 2011 Sold $33,000 MRED MLS
6 Apr, 2011 Under contract $22,500 MRED MLS
Last price change $23,650 MRED MLS
9 Dec, 2010 Listed for sale $24,900 MRED MLS
13 Aug, 2012 Sold $220,000 MRED MLS
1 Aug, 2012 Under contract $240,000 MRED MLS
10 Jul, 2012 Listed for sale $240,000 MRED MLS
18 Nov, 2016 Sold $85,700 MRED MLS
13 Oct, 2016 Under contract $95,700 MRED MLS
Last price change $95,700 MRED MLS
18 Feb, 2016 Listed for sale $95,700 MRED MLS
30 May, 2018 Sold $215,000 MRED MLS
2 Apr, 2018 Under contract $219,900 MRED MLS
Last price change $229,900 MRED MLS
5 Feb, 2018 Listed for sale $229,900 MRED MLS
24 Jul, 2023 Sold $350,550 MRED MLS
20 Jun, 2023 Under contract $350,000 MRED MLS
5 Jun, 2023 Listed for sale $350,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Exterior Access

Other Specifics

25X125
Not in DB

Tax History

Year Property Taxes
2011 $3,064
2012 $3,197
2016 $2,812
2018 $4,014
2023 $3,016

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Contact Agent

Listing Provided By

Engel & Voelkers Chicago